LOCAL AND INTERNATIONAL: WEEKLY RAW AND WHITE SUGAR PRICE AS AT 7TH DECEMBER, 2018
| STATE/CITY | SOURCE
(MARKET) |
SUGAR
(BRAND) REFINED |
WHOLESALE
N/50KG |
WHOLESALE
N/MT |
RETAIL
N/50KG |
RETAIL
N/MT |
INTERNATIONAL
RAW SUGAR AVERAGE PRICE |
INTERNATIONAL
WHITE SUGAR AVERAGE PRICE |
||
| $/MT | N/MT | $/MT | N/MT | |||||||
| ABUJA | GARKI
WUSE |
DANGOTE
GOLDEN BUA |
14,833 |
296,660 |
15,000 |
300.000 |
||||
| KANO | SINGA
KASUWAR RIMI SABON- GARI |
DANGOTE
GOLDEN BUA |
14,550 |
291,000 |
14,750 |
295,000 |
||||
| LAGOS | MILE 12 | DANGOTE
GOLDEN BUA |
14,200 |
284,000 |
14,400 |
288,000 |
||||
| ADAMAWA | JIMETA MAIN
BURNT MARKET |
DANGOTE
GOLDEN BUA |
14,600 |
292,000 |
14,700 |
294,000 |
||||
| KWARA | OJA- TUNTUN
OJA- IPATA YORUBA ROAD |
DANGOTE
GOLDEN BUA |
14,200 |
284,000 |
14,700 |
294,000 |
||||
| AVERAGE | 14,477 | 289,532 | 14,710 | 294,200 | 285.85 | 87,713.07 | 348.90 | 107,059.96 | ||
*NOTE: MT=METRIC TONS (50KGX20), KG= KILOGRAM, N = NIGERIAN CURRENCY NAIRA,
$= USD, CURRENCY CONVERSION US $ 1=306.85 (NIGERIA CENTRAL BANK RATE)
WEIGHT CONVERSION: 1000KG = 1 METRIC TONNE, $/TON = C/Ib X 22.04
COUNTRY AND STATE ARE NOT APPLICABLE TO INTERNATIONAL RAW AND WHITE SUGAR PRICE.
SOURCE: INTERNATIONAL SUGAR ORGANISATION MARKET REPORT & LOCAL MARKET SURVEY.